Givaudan SA (OTCMKTS:GVDNY) Sees Significant Increase in Short Interest

Givaudan SA (OTCMKTS:GVDNYGet Free Report) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 8,700 shares, a growth of 135.1% from the December 15th total of 3,700 shares. Based on an average daily trading volume, of 81,500 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Several equities analysts have commented on GVDNY shares. Citigroup lowered shares of Givaudan from a “buy” rating to a “neutral” rating in a report on Thursday, October 17th. Barclays lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, November 15th.

Check Out Our Latest Research Report on GVDNY

Givaudan Trading Up 1.2 %

Shares of GVDNY traded up $0.97 during midday trading on Wednesday, hitting $85.23. The company’s stock had a trading volume of 24,454 shares, compared to its average volume of 40,481. The company has a current ratio of 1.43, a quick ratio of 0.94 and a debt-to-equity ratio of 0.99. Givaudan has a one year low of $75.55 and a one year high of $110.32. The company’s fifty day simple moving average is $87.80 and its two-hundred day simple moving average is $95.70.

About Givaudan

(Get Free Report)

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.

Further Reading

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